#Mining
Nickel boom tarnished by widespread abuses, pollution, and coal reliance: Report
Indonesia’s booming nickel industry, a cornerstone of the global electric vehicle (EV) supply chain, is mired in widespread human rights abuses, environmental destruction, and coal dependence that undermine global climate goals, according to a new report by Climate Rights International (CRI) released on Thursday, October16, 2025.
Arsari Tambang targets Rp 7 T mine acquisition in Canada, backed by new trade pacts
PT Arsari Tambang plans to acquire a mining asset in Canada as part of its international expansion strategy, with the deal expected to be finalized by mid-2026, according to President Director Aryo Djojohadikusumo.
Freeport’s Grasberg Mine remains shut following landslide, government launches full audit
Energy and Mineral Resources Minister Bahlil Lahadalia confirmed that operations at PT Freeport Indonesia’s (PTFI) Grasberg mine remain suspended following a fatal landslide at its Grasberg Block Cave (GBC) underground site last month.
Prabowo oversees US$427 million confiscated asset handover to PT Timah
President Prabowo Subianto on Monday, October 6, 2025, oversaw the handover of state-confiscated assets worth up to Rp7 trillion (US$427 million) to state-owned tin miner PT Timah, marking one of largest recoveries of assets linked to illegal mining operations.
PACK expands into mineral mining with dual acquisitions in Southeast Sulawesi
Plastic packaging producer PT Abadi Nusantara Hijau Investama (PACK) has announced the acquisition of shares in two mineral mining companies located in North Konawe, Southeast Sulawesi, through its two subsidiaries.
Freeport agrees to divest 12 percent shares to Indonesia free of charge
Freeport-McMoRan has agreed to divest 12 percent of its shares in PT Freeport Indonesia to the Indonesian government at no cost, according to Rosan P. Roeslani, CEO of the state-owned investment management agency BPI Danantara.
Freeport expects Grasberg block cave to resume full operations in 2027 after landslide
Freeport McMoran (FCX), the parent company of PT Freeport Indonesia (PTFI), announced that its underground Grasberg Block Cave (GBC) mine in Papua is unlikely to resume full operations until 2027 after a massive landslide disrupted production earlier this month.
Merdeka Gold Resources shares soar 25% on market debut despite losses
Shares of mining company PT Merdeka Gold Resources (EMAS) surged 25 percent on their trading debut at the Indonesia Stock Exchange (IDX) on Tuesday, September 23, 2025 closing at Rp3,600, although the gold-focused subsidiary of PT Merdeka Copper Gold (MDKA) is still recording losses.
Rescuers recover two bodies after Freeport Indonesia mine collapse in Papua
Rescue teams at PT Freeport Indonesia’s Grasberg Block Cave mine in Mimika, Central Papua, have recovered the bodies of two workers trapped in a wet material slide on Saturday, September 20, 2025 at 08:45 local time.
Government seizes nickel mining sites in N. Maluku, SE Sulawesi for permit violations
Government-sanctioned Forest Area Enforcement Task Force (Satgas PKH) has seized hundreds of hectares of nickel mining concessions in North Maluku and Southeast Sulawesi over alleged permit violations, officials have announced.
Adaro Minerals unit targets aluminium smelter start-up by end of 2025
Mining company PT Adaro Minerals Indonesia (ADMR) has projected that its aluminium smelter project, developed through subsidiary PT Kalimantan Aluminium Industry (KAI), will begin phased operations by the end of 2025, signaling the potential for dividend distribution from the 2025 financial year, supported by positive catalysts from the smelter’s operations.
Indonesia eyes bigger stake in Freeport Indonesia as part of mining license extension
The Indonesian government is seeking to acquire more than 10 percent of PT Freeport Indonesia (PTFI) shares from U.S.-based Freeport-McMoRan, surpassing the original target tied to the company’s mining license extension beyond 2041.